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  Reagan Economic Advisor Endorses Haslam [TN Gov R Primary]
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ContributorServo 
Last EditedServo  Jun 23, 2010 12:53pm
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CategoryEndorsement
News DateWednesday, June 23, 2010 06:00:00 PM UTC0:0
DescriptionDr. Arthur Laffer, the esteemed former economic advisor to the late Pres. Ronald Reagan, endorsed Republican gubernatorial candidate and Knoxville Mayor Bill Haslam in his bid for the Republican nomination for Tennessee governor.

Known as the “Father of Supply-Side Economics,” Dr. Laffer was a member of late Pres. Reagan’s Economic Policy Advisory Board from 1981-1989 and was the chief economist at the Office of Management and Budget from 1970-1972. Laffer developed the Laffer Curve, which illustrates that increasing tax rates beyond a point will actually decrease tax revenues.

Laffer endorsed Haslam because of his fiscal record as mayor and his commitment to free market and conservative fiscal management principles.
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